DIFC Receives FinX FinTech Hub of the Year Award
The Centre recognised for role in identifying new avenues for facilitating innovation and excellence within the financial technology sector.
MENA
Stay updated on the latest developments in startups, business, and technology across the MENA region. Get breaking news, in-depth reporting, and expert analysis on entrepreneurship, innovation, and emerging trends.
DIFC Prioritises Digital Transformation to Enhance Connectivity and accessibility
Brand-new DIFC Connect – HID Mobile App enabling greater convenience and security for community and visitors
Adnoc and OCI have successfully formed the joint venture ‘Fertiglobe’
The joint venture Fertiglobe, which will be based in the Abu Dhabi Global Market, has over $1.7 billion of annual revenues
BECO Capital Closes Second Fund at $100m
Regional venture capital firm BECO Capital successfully closed its second fund at $100 million, significantly more than its initial target of $80 million.
Samsung-backed ‘Blocko’ Blockchain Company Partners with Dubai Royal Family
Samsung-backed Blocko, has launched in the UAE in partnership with SEED Group, a member of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum.
Jordan-based arabot Raises $1Mn for Regional Expansion
Jordan-based arabot that offers seamless online solutions and services using AI technology, recently raised a $1M seed round led by Riyad TAQNIA Fund (RTF).
Syrian-led Startups Spermly and Therapist House Win the Startup Roadshow in Gaziantep
Last week, two Syrian-led startups, Spermly and Therapist House, championed the Startup Roadshow competition in Gaziantep, Turkey.
UAE-based ‘YaLLa Esports’ Qualifies for Three International Tournaments Worth $1.2 Mn
UAE-based startup esports organization YaLLa Esports qualified for three large-scale international tournaments during the month of September.
Cairo-Based iCommunity Real Estate Platform Raises $600K
iCommunity, Egypt's first mobile community platform for the real estate industry, aims to transform engagement between residents and real estate developers.
IFC invests $1m in Tunisia’s Flat6Labs Avana Seed Fund to Support Women Entrepreneurs
The World Bank’s International Finance Corporation (IFC) has announced that it is investing $1-million in Flat6Labs Tunisia’s Anava Seed Fund.
Dubai Launches ‘Virtual Company Licence’ for non-resident businesses & freelancers
Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Tuesday announced the launch of the region's first 'Virtual Company Licence’.
OYO to Invest $1Bn for Expansion in Saudi Arabia
OYO Hotels & Homes, will invest $1 billion to expand its operations in Saudi Arabia by adding luxury and upper-budget/mid-segment hotels...